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eBay to axe approximately 1,000 jobs By Don-Alvin Adegeest Jan 27, 2024 BUSINESS Ebay-Campus in Draper, Utah (USA) Credits: Ebay EBay is cutting its workforce by 9 percent, resulting in the Design Obvious 13+87=100 Shirt But I will love this loss of approximately 1,000 jobs. An internal memo from CEO Jamie Iannone was publicly shared last week, which confirmed the marketplace will downsize its number of employees. The memo iterated the company is grappling with external pressure including a “challenging macroeconomic environment,” and its “headcount and expenses have outpaced the growth of our business.” This is the second reduction in eBay’s workforce in less than a year. In February 2023 the online giant announced it was laying off 500 international workers. Reporting a 5 percent growth in Q3 of 2023, with revenue of 2,5 billion dollars, eBay’s operating income fell to 455 million dollars from 568 million dollars in comparison to 2023. Reporting its earnings, eBay Chief Financial Officer Steve Priest said: “In Q3, we met or exceeded expectations across all of our key financial metrics. Our strong balance sheet and operational rigor enable us to adapt to the evolving changes in this dynamic macro environment. We will continue to be prudent with cost efficiencies, saving to invest for the future, while remaining good stewards of capital for our shareholders.” eBay
British designers triumph at Paris Haute Couture By Don-Alvin Adegeest Jan 26, 2024 FASHION Jean Paul Gaultier haute couture by Simone Rocha Credits: Spotlight Launchmetrics British designers took the Design Obvious 13+87=100 Shirt But I will love this spotlight at Paris Haute Couture this season, which concluded on Thursday. John Galliano at Margiela, Simone Rocha as Jean Paul Gaultier’s guest creator, and Kim Jones at Fendi presented distinctive visions, defining the extraordinary essence of fashion in a week filled with theme-y fashion and nicely crafted clothes. Margiela Renowned for his theatrical brilliance, John Galliano made a captivating return to his signature showman genius, orchestrating a mesmerizing spectacle in a historic vaulted bar and cave in Paris. The venue, steeped in history, became the canvas for Galliano’s transformative fashion fantasy, where reality seemed to dissolve. The runway showcased Galliano’s unique corsetry and hourglass silhouettes, contrasting their complexity with the rebellious allure of the models. Shimmering makeup added an ethereal quality, creating a striking contrast with
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